Capital E-Saving Digital Accounts
Experience the world of simplified banking and exclusive benefits.
We believe geographical distance should not be a damper in meeting your personal, professional and social obligations. Catering to a rich NRI belt and understanding the needs of our ever growing clientele, we offer a bouquet of Foreign Exchange Services with customized solutions for all your inward and outward remittance needs that we can serve as an AD-II Bank. Through our remittance facilities, you can engage in effortless fund transfers with ease of transaction and full regulatory compliance.
Products: The List of foreign exchange services provided by the bank include the following:
The Bank is providing outward remittance services under the Liberalised Remittance Scheme to its resident clientele up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both.
Documentation for Outward Remittance: The Bank has devised simple and straight forward document flow for ease of SWIFT transactions involving
Documentation/Process Flow: The bank has devised simple and smooth documentation/process flow for ease of such transactions:
At the Time of Sale of Foreign Currency: The following set of documents are required at the time of sale of currency to resident individual(s):
Note: No Foreign currency can be sold to other than resident(s) i.e no foreign currency can be sold to foreign nationals, NRIs, PIOs etc.
In case of residents: Requisite documentary proof such as:
In case of non-residents: Requisite documentary proof such as:
